RLC is sliding toward the 25‑cent floor, and the recent sell‑off is eroding the last bullish momentum. Volume spikes suggest the bears are gathering force.
🔴 $RLC SHORT 📉
Entry → $0.696503-$0.697897
Stop → $0.718116 (-3.0%)
TP1 → $0.686742 (+1.5%)
TP2 → $0.662340 (+5.0%)
R/R 1:1.7 • Confidence 64%
A CHoCH knocked out the previous high, while the CVD flipped negative, confirming the shift. The price is trapped in a bearish FVG that sits on top of an order block, creating a POI confluence. The market structure now points lower, making the short entry logical.
A 3 % stop is fairly tight given the current swing, so keep leverage around 2‑3×.
Scale out half the position once price reaches the first target near 23.5 cents.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$RLC #RLCUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn
🔴 $RLC SHORT 📉
Entry → $0.696503-$0.697897
Stop → $0.718116 (-3.0%)
TP1 → $0.686742 (+1.5%)
TP2 → $0.662340 (+5.0%)
R/R 1:1.7 • Confidence 64%
A CHoCH knocked out the previous high, while the CVD flipped negative, confirming the shift. The price is trapped in a bearish FVG that sits on top of an order block, creating a POI confluence. The market structure now points lower, making the short entry logical.
A 3 % stop is fairly tight given the current swing, so keep leverage around 2‑3×.
Scale out half the position once price reaches the first target near 23.5 cents.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$RLC #RLCUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn